Cyberpion adds Jacques Benkoski to its Executive Board along with raising $27m Series A funding led by USVP

– ISRAEL, Tel Aviv –  Cyberpion, a cybersecurity leader in external attack surface management, today announced $27m Series A funding led by U.S. Venture Partners, alongside existing investors Team8 Capital and Hyperwise Ventures also participating.

General Partner of U.S. Venture Partners, Jacques Benkoski is joining the executive board.

“Traditional third-party risk management solutions have focused exclusively on the vendors and IT infrastructures that are directly connected to the enterprise, an approach that is outdated and ignores the true scale of the problem. Most organizations don’t even consider the supplier of their suppliers as an immediate cyber risk. Cyberpion is the only platform to directly address this issue by continuously assessing all external-facing assets – from 3rd, and 4th to Nth party connections – and providing automatic defense against impending attacks. We look forward to playing a key role in one of the fastest-growing areas of cybersecurity,” said Jacques Benkoski, General Partner at USVP.

“External attack surface management has been established as a cybersecurity domain since we emerged from stealth 18 months ago, and demand for our progressive approach has been proven by our exceptional customer growth,” said Dr. Nethanel Gelernter, Founder, and CEO, of Cyberpion. “We’ve simplified a complex task of helping enterprises reduce the risk exposure derived from the unknown and uncontrolled by mitigating vulnerabilities across the entire digital supply chain. We’re at the forefront of the EASM revolution and this funding round will double our headcount in engineering, research and sales.”

Ran Nahmias, Co-founder, and Chief Business Officer, Cyberpion adds, “We’re delighted that leading Silicon Valley-based VC firm U.S.Venture Partners has joined our existing investors in supporting our journey to help organizations reduce their external attack surface and prevent potentially devastating attacks. This investment bolsters our position to hire talent as we expand the company, and will enable us to further develop our platform capabilities, expedite go-to-market across core regions and verticals, as well as help us attract more channel and technology partners.”

About Cyberpion

Cyberpion solves the rising cybersecurity challenge of understanding the risks and vulnerabilities of your connected online assets that form an external attack surface. Knowing how your organization is vulnerable, where those threats come from, and what infrastructures are at risk, is critical to preventing an attack and strengthens your security posture. Cyberpion makes organizations aware of these vulnerabilities and helps mitigate them by continuously discovering, inventorizing, monitoring, and assessing the threat vectors present throughout online ecosystems that exist outside the traditional security perimeter. With an R&D team based in Israel, the company is funded by leading cybersecurity venture capitalists.

Cyberpion’s platform continuously performs discovery and vulnerability assessments on all of the enterprise’s external-facing assets, connections, and third-party platform dependencies far beyond the coverage of other security tools. Establishing a comprehensive, up-to-date, prioritized and actionable vulnerability inventory, the platform provides security teams with clear indications of high priority threats, and the actions that should be taken to resolve them before they can be exploited. With prevention from day one and no installation, configurations, or modifications required to existing IT, Cyberpion leverages machine-learning to provide automatic protection with zero human intervention.

For more information: https://www.cyberpion.com/